This week’s fundraising scene looked like a crypto yard sale with a little bit of everything. Public companies are stacking Solana like it’s the new gold standard, AI wallets promising to be your onchain sidekick, and DeSci protocols trying to pull biotech out of pharma’s chokehold.
We’ve also got stablecoin banking, remittances for the African diaspora, and the usual RWA suspects, making this week’s funding equal parts bold and weird.
Let’s unpack who cashed checks and why it matters.
Top Fundraises This Week
Forward Industries: $1.65B PIPE (+ $4B ATM Filing)
Forward Industries usually makes physical products for big corporates, but this month they decided “why not become a Solana whale?”
They raised $1.65 billion in a private investment in public equity (PIPE), led by Galaxy Digital, Jump Crypto, and Multicoin Capital, to load up their treasury with SOL tokens.
On top of that, they filed for a $4B at-the-market equity offering managed by Cantor Fitzgerald. Translation: a legacy company is openly using its balance sheet to ape into crypto.
Epoch Protocol: $1.2M
Epoch Protocol wants to make “intents” actually usable. Right now, batching or scheduling Web3 transactions is a mess, and most people just pray their gas fee doesn’t spike mid-tx.
Epoch’s $1.2M seed, backed by L2Iterative Ventures, Alphemy Capital, LongHash, and SAFE Ventures, is building solver infra that coordinates those transactions securely across chains.
Helius Medical Technologies: $500M PIPE
Helius is known for neurotech devices that help patients by enhancing brain plasticity. But in 2025, even brain health companies apparently need a Solana treasury strategy.
They raised $500M in a PIPE led by Pantera Capital and Summer Capital, with FalconX, HashKey, and Animoca Brands also chipping in.
Warrants (investors with rights to buy more shares later) could take it up to $1.25B. It’s quite an odd pivot if you ask me: medtech meets crypto reserves.
Turing Capital Brokerage: Acquired for $27.8M
Spain’s Turing Capital Brokerage, licensed under the EU’s MiCA framework, got acquired by Keyrock for $27.8M. It may not be a flashy raise, but it seems to be a consolidation move that matters.
Institutions want compliant access to crypto asset management, and acquisitions like this show that MiCA-regulated firms are now valuable bridges between TradFi and DeFi. Keyrock basically bought a fast-pass into EU regulatory legitimacy.
Stablecore: $20M
Stablecore raised $20M to make it easier for small and mid-sized banks to offer stablecoins and tokenized deposits. Norwest led the round, joined by Coinbase Ventures and BankTech Ventures.
Senpi: $4M
Senpi is like a DeFi-native Jarvis, an AI-powered wallet that hunts alpha, scouts trades, and automates portfolio moves for you.
Lemniscap led the $4M seed, alongside Coinbase’s Base fund and Superlayer. It’s part of the bigger AI-crypto narrative: wallets that think and trade for you.
The promise is huge, but the question remains: can AI actually deliver consistent alpha, or will it just automate getting rekt faster?
BIO Protocol: $6.9M
BIO Protocol is DeSci in action: a funding layer that lets bioDAOs raise money via auctions to support research, biotech IP, and new discoveries.
They pulled in $6.9M led by Arthur Hayes’ Maelstrom Fund, with Mechanism Capital and Animoca Brands backing the round. The idea is to decentralize science funding and move it away from big pharma’s gatekeeping.
Kredete: $22M
Kredete is tackling two birds with one stablecoin: cheap remittances for Africans and credit-building abroad. They raised $22M in a Series A led by AfricInvest, Partech, and Polymorphic Capital, bringing their total to just under $25M.
Mavryk Network: $10M
Mavryk wants to tokenize the UAE’s $10B+ real estate market. They raised $10M in a strategic round led by MultiBank Group, with Ghaf Capital and Big Brain Holdings joining.
Their platform lets property get sliced, diced, and traded onchain through non-custodial DEXs. Tokenized RWAs are the hot narrative, and UAE real estate seems to be a juicy target.
Superform: $1.4M
Superform is trying to make yield farming less of a migraine. Their $1.4M community-led raise via Echo was driven by Polymer Pals DAO.
The platform aggregates DeFi vaults across chains, so you can zap into or out of any vault with one transaction, no matter the asset.
Meta Summary
This week’s raises show a market that’s both maturing and experimenting. Public companies like Forward Industries and Helius are treating Solana like a treasury asset, which signals mainstream normalization.
On the other hand, smaller startups like Epoch and Senpi are pushing the bleeding edge of infra and AI wallets. Meanwhile, BIO Protocol and Kredete remind us that crypto’s potential still extends to science and financial inclusion, not just speculation.
Final Thoughts
This week’s funding rounds prove that crypto isn’t one-dimensional anymore. From billion-dollar Solana treasuries to $1.2M infra experiments, the spectrum is now wide.
The common thread? Utility. Whether it’s DeFi automation, stablecoin banking, or tokenizing real estate, investors are backing things with long-term relevance. However, the challenge remains execution.
If these projects deliver, we get a crypto ecosystem that’s more useful, compliant, and globally connected. If not, well, at least we’ll have AI wallets to remind us where it all went wrong.
Until next time, keep your research heavy, may the crypto gods be with you!